Ramaco Resources, Inc. (FRA:5R02)

Ramaco Resources Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	28.13	33.01	41.96	35.61	21.89	5.3
Cash & Short-Term Investments	28.13	33.01	41.96	35.61	21.89	5.3
Cash Growth	2.03%	-21.34%	17.83%	62.68%	313.04%	-4.19%
Accounts Receivable	55.94	73.58	96.87	41.17	44.45	20.3
Other Receivables	-	-	-	14.6	-	-
Receivables	55.94	73.58	96.87	55.77	44.45	20.3
Inventory	59.31	43.36	37.16	44.97	15.79	11.95
Prepaid Expenses	6.03	12.99	12.95	10.23	3.73	3.54
Restricted Cash	0.8	0.8	0.8	0.9	0.9	1.41
Other Current Assets	4.7	3.9	-	-	-	-
Total Current Assets	154.91	167.63	189.74	147.49	86.76	42.5
Property, Plant & Equipment	507.02	495.78	469.91	443.44	236.23	180.64
Other Long-Term Assets	12.72	11.27	6.18	5.41	6.04	5.48
Total Assets	674.65	674.69	665.84	596.34	329.03	228.62
Accounts Payable	56.27	48.86	51.62	34.83	15.35	11.74
Accrued Expenses	47.59	61.37	52.09	41.68	19.67	12.37
Current Portion of Long-Term Debt	0.22	0.36	56.53	75.64	7.67	4.87
Current Portion of Leases	8.24	6.51	5.59	6.09	3.49	0.08
Other Current Liabilities	1.46	5.34	4.15	4.61	0.49	0.05
Total Current Liabilities	113.79	122.43	169.99	162.85	46.66	29.11
Long-Term Debt	113.61	88.19	33.65	51.59	35.7	12.58
Long-Term Leases	12.26	8.61	5.37	5.5	4.6	0.03
Long-Term Deferred Tax Liabilities	49.69	56.03	54.35	35.64	6.41	1.76
Other Long-Term Liabilities	37.87	36.63	32.88	31.57	24.59	16.04
Total Liabilities	327.21	311.88	296.23	287.14	117.96	59.53
Common Stock	0.55	0.53	0.53	0.44	0.44	0.43
Additional Paid-In Capital	314.34	292.74	277.13	168.71	163.57	158.86
Retained Earnings	32.55	69.53	91.94	140.05	47.07	9.81
Total Common Equity	347.44	362.81	369.61	309.2	211.07	169.1
Shareholders' Equity	347.44	362.81	369.61	309.2	211.07	169.1
Total Liabilities & Equity	674.65	674.69	665.84	596.34	329.03	228.62
Total Debt	134.33	103.67	101.13	138.82	51.46	17.56
Net Cash (Debt)	-106.2	-70.66	-59.17	-103.21	-29.57	-12.26
Net Cash Per Share	-2.00	-1.32	-1.22	-2.31	-0.67	-0.29
Filing Date Shares Outstanding	55.23	54	53.3	44.45	44.27	42.64
Total Common Shares Outstanding	55.09	53.37	53.02	44.16	44.09	42.71
Working Capital	41.12	45.21	19.75	-15.36	40.1	13.39
Book Value Per Share	6.31	6.80	6.97	7.00	4.79	3.96
Tangible Book Value	347.44	362.81	369.61	309.2	211.07	169.1
Tangible Book Value Per Share	6.31	6.80	6.97	7.00	4.79	3.96
Machinery	367.26	331.9	290.06	232.89	167.02	155.17
Construction In Progress	13.76	31.05	13.98	34.7	9.97	7.25

Source: S&P Global Market Intelligence. Standard template. Financial Sources.